Derivative Actions

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This is Article 7 of the Code of Virginia, titled “Derivative Actions.” It is part of Chapter 14 “Virginia Business Trust Act”, which is part of Title 13.1 “Corporations”. It contains 2 laws.

It’s comprised of the following 2 sections.

§ 13.1-1232 Right of action
§ 13.1-1233 Payment of and security for expenses